Black Dragon Capital

Black Dragon Capital, LLC is a growth-oriented private equity firm based in Boca Raton, Florida, established in 2013. The firm specializes in technology investments, targeting sectors influenced by digital transformation, including e-commerce, financial services, fintech, sports, media, and healthcare. Black Dragon Capital seeks to make control investments, leveraging the operational expertise and financial backgrounds of its team, which includes founder Louis Hernandez, Jr. and other industry professionals. The firm distinguishes itself by offering strategic operational advice and partnering with C-level executives, providing substantial experience across various stages of growth and international markets.

Dooley Awadalla

Partner

14 past transactions

Templar Protocol

Pre Seed Round in 2025
Templar Protocol is a startup that focuses on creating a lending platform for cryptocurrencies, including Bitcoin and other digital assets.

Coded Estate

Angel Round in 2024
Coded Estate is a pioneering platform that leverages blockchain technology to revolutionize the real estate sector. It enables fractional ownership of properties and facilitates transparent, efficient, and accessible marketplaces for both home purchases and rentals. The platform utilizes digital non-fungible tokens (dNFTS), hybrid smart contracts, and zero-knowledge proofs to streamline transactions, eliminate intermediaries, and allow users to engage in real estate activities using cryptocurrencies or stablecoins.

Aleph Zero

Seed Round in 2022
Aleph Zero is a developer of a peer-reviewed distributed ledger platform designed to address the limitations of existing blockchain infrastructures across various industries. The platform utilizes a proof-of-stake consensus mechanism and features a directed acyclic graph (DAG) architecture, ensuring high speed and scalability. Aleph Zero incorporates privacy-enhancing capabilities based on secure multi-party computation research, allowing developers to innovate without technological constraints. Its ecosystem supports smart contracts and includes a universally trustless wallet, facilitating seamless interactions with other blockchains. The company aims to promote the mass adoption of distributed ledger technology through its advanced and developer-friendly offerings.

Paras

Seed Round in 2021
Paras is a digital marketplace for crypto collectibles and non-fungible tokens (NFTs).

Cryptomeda

Seed Round in 2021
Cryptomeda is a gaming ecosystem that combines NFT collectibles, decentralized finance (DeFi) mechanics, and recognizable crypto characters within a fantasy world. The platform operates on advanced blockchain technology, providing a competitive gaming experience while remaining accessible to traditional gamers. All economic activities within this ecosystem are conducted using a single currency, TECH, which serves to unify the various elements of the platform. By integrating user-friendly features, Cryptomeda aims to make casual e-sports verifiable on the blockchain, enhancing the overall gaming experience for its users.

MobiFi

Initial Coin Offering in 2021
MobiFi is a developer of a mobility service platform aimed at creating a sustainable transportation ecosystem. By leveraging blockchain technology, decentralized finance (DeFi), and tokenization, MobiFi integrates various mobility services, including e-scooters, ridesharing, electric vehicle charging, parking, and public transit, into a unified platform. This approach facilitates streamlined operations for service providers, enabling them to offer users a seamless transit experience. MobiFi's mission focuses on promoting the adoption of blockchain and tokenization within the transportation sector, connecting public and private service providers with decentralized financial solutions. The platform supports tokenized payments and loyalty incentives, contributing to the reduction of carbon footprints in urban mobility.

Naveo Commerce

Venture Round in 2020
Naveo Commerce is an international eCommerce and fulfillment technology company formed through the merger of Digital Goodie and Maginus. It specializes in providing end-to-end solutions for small and medium-sized businesses (SMBs) and enterprises across various retail segments. The company offers a comprehensive platform that includes eCommerce, order management systems (OMS), and fulfillment technology, all delivered through a cloud-based software-as-a-service (SaaS) model. Additionally, Naveo Commerce provides consultancy and implementation services for eCommerce websites, ensuring that retailers and wholesalers have the necessary support to effectively manage and expand their online presence. The partnership with established platforms like Magento and Episerver further enhances its consulting capabilities under the Maginus brand.

Aleph Zero

Seed Round in 2020
Aleph Zero is a developer of a peer-reviewed distributed ledger platform designed to address the limitations of existing blockchain infrastructures across various industries. The platform utilizes a proof-of-stake consensus mechanism and features a directed acyclic graph (DAG) architecture, ensuring high speed and scalability. Aleph Zero incorporates privacy-enhancing capabilities based on secure multi-party computation research, allowing developers to innovate without technological constraints. Its ecosystem supports smart contracts and includes a universally trustless wallet, facilitating seamless interactions with other blockchains. The company aims to promote the mass adoption of distributed ledger technology through its advanced and developer-friendly offerings.

Grass Valley

Acquisition in 2020
Grass Valley is a manufacturer of digital broadcast equipment focused on the live media and entertainment market. The company develops a range of products, including cameras, camcorders, switchers, effects, digital news production tools, servers, and media storage solutions. By leveraging IP technology and proprietary expertise in media processing, Grass Valley provides products and services that emphasize interoperability and financial efficiency. Their solutions are designed to adapt to the evolving needs of their partners, which include global broadcasters, teleproduction facilities, and independent video professionals. Grass Valley's technology plays a crucial role in the coverage of high-profile live events, enhancing operational efficiency and enabling content owners and service providers to deliver compelling experiences across various platforms, including television, the web, and mobile devices.

PayVeris

Series D in 2019
Payveris, LLC operates a cloud-based digital payment and money transfer platform aimed at serving financial institutions and their partners. Founded in 2011 and headquartered in Cromwell, Connecticut, Payveris provides a range of services including consumer and business bill payment solutions, account-to-account external transfers, and person-to-person payment capabilities. Customers can easily send money from their bank or credit union accounts to others via the web, smartphones, or tablets. The platform also features PayWatch, an integrated fraud prevention solution that monitors transactions across various payment types, and PayItNow, which connects financial institutions, merchants, and consumers in the payment process. Payveris has established strategic partnerships with Kony and Corelation to enhance its offerings.

Enterworks Acquisition

Private Equity Round in 2017
EnterWorks, Inc. specializes in master data management and product information management solutions, catering to various industries, including consumer packaged goods, hospitality, technology, and fashion. The company offers a comprehensive suite of services, including dynamic data modeling, digital asset management, and custom-branded portals for collaboration and content syndication. Its flagship product, EnterWorks Enable, serves as a content management platform that allows retailers, manufacturers, and distributors to integrate and manage data from both internal and external sources, facilitating efficient content publishing across multiple channels. Founded in 1998 and headquartered in Sterling, Virginia, with an additional office in Helsinki, Finland, EnterWorks operates as a subsidiary of Winshuttle, LLC, following its acquisition in 2015 by Black Dragon Capital. The company partners with technology vendors, resellers, and system integrators to enhance its offerings and support businesses in optimizing their data management processes.

PayVeris

Venture Round in 2016
Payveris, LLC operates a cloud-based digital payment and money transfer platform aimed at serving financial institutions and their partners. Founded in 2011 and headquartered in Cromwell, Connecticut, Payveris provides a range of services including consumer and business bill payment solutions, account-to-account external transfers, and person-to-person payment capabilities. Customers can easily send money from their bank or credit union accounts to others via the web, smartphones, or tablets. The platform also features PayWatch, an integrated fraud prevention solution that monitors transactions across various payment types, and PayItNow, which connects financial institutions, merchants, and consumers in the payment process. Payveris has established strategic partnerships with Kony and Corelation to enhance its offerings.

Enterworks Acquisition

Acquisition in 2015
EnterWorks, Inc. specializes in master data management and product information management solutions, catering to various industries, including consumer packaged goods, hospitality, technology, and fashion. The company offers a comprehensive suite of services, including dynamic data modeling, digital asset management, and custom-branded portals for collaboration and content syndication. Its flagship product, EnterWorks Enable, serves as a content management platform that allows retailers, manufacturers, and distributors to integrate and manage data from both internal and external sources, facilitating efficient content publishing across multiple channels. Founded in 1998 and headquartered in Sterling, Virginia, with an additional office in Helsinki, Finland, EnterWorks operates as a subsidiary of Winshuttle, LLC, following its acquisition in 2015 by Black Dragon Capital. The company partners with technology vendors, resellers, and system integrators to enhance its offerings and support businesses in optimizing their data management processes.

Fortress Risk Management

Venture Round in 2014
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.
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